(ACRHF), BASF SE ADS (BASFY) - How The Major Indexes On OTC Markets Performed In 2020 benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
The crypto market is booming, the market capitalization of the cryptocurrency network is now above $758.06 billion. This is higher than the market capitalization of Tesla. This is the highest it has ever been, and it still threatens to go even higher.
This increases the profitability of the market, keeps attracting the notice of investors. Recently, the cryptocurrency market has seen a sizeable influx of new investors, ready to stake money in the growing enterprise.
But lack of information and the relative newness of the market as compared to more traditional products such as stocks, bonds, and fiat currencies that have been around for years, has made a lot of investors insecure about investing in the crypto market.
Pfizer Inc (NYSE:PFE),
BioNTech Inc (NASDAQ:BNTX) and
Moderna Inc (NASDAQ:MRNA).
According to OTC Markets Group, overall dollar trading volume on the OTCQX Market, the top tier of OTC Markets, rose to nearly $11 billion in November, a 65% increase from October. On the OTCQB Venture Market, dollar volume rose 25% to nearly $2.5 billion.
“The elevated trading volume reflects an increase in interest from investors across our markets,” said OTC Markets Group EVP Of Corporate Services Jason Paltrowitz, noting that trading increased in
Roche Holding Ltd (OTCQX:RHHBY),
Danone (OTCQX:DANOY) and BNP Paribas (OTCQX:BNPQY), and
Heineken N.V. (OTCQX:HEINY). “The resolution of the election may have given investors confidence to put some capital to work there.”